Wanshih Electronic (Taiwan) Pattern Recognition Rickshaw Man

6134 Stock  TWD 21.65  0.65  3.10%   
Wanshih Electronic pattern recognition tool provides the execution environment for running the Rickshaw Man recognition and other technical functions against Wanshih Electronic. Wanshih Electronic value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Rickshaw Man recognition function is designed to identify and follow existing trends. Wanshih Electronic momentum indicators are usually used to generate trading rules based on assumptions that Wanshih Electronic trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was ten with a total number of output elements of fifty-one. The function generated a total of seven valid pattern recognition events for the selected time horizon. The Rickshaw Man may indicate Wanshih Electronic indecision reversal trend.

Wanshih Electronic Technical Analysis Modules

Most technical analysis of Wanshih Electronic help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Wanshih from various momentum indicators to cycle indicators. When you analyze Wanshih charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Wanshih Electronic Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wanshih Electronic Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Wanshih Electronic Co based on widely used predictive technical indicators. In general, we focus on analyzing Wanshih Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Wanshih Electronic's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Wanshih Electronic's intrinsic value. In addition to deriving basic predictive indicators for Wanshih Electronic, we also check how macroeconomic factors affect Wanshih Electronic price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wanshih Electronic's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.000.002.04
Details
Intrinsic
Valuation
LowRealHigh
0.000.002.04
Details
Naive
Forecast
LowNextHigh
19.6221.6623.70
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
19.2320.4921.75
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Wanshih Electronic. Your research has to be compared to or analyzed against Wanshih Electronic's peers to derive any actionable benefits. When done correctly, Wanshih Electronic's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Wanshih Electronic.

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Wanshih Electronic pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wanshih Electronic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wanshih Electronic will appreciate offsetting losses from the drop in the long position's value.

Wanshih Electronic Pair Trading

Wanshih Electronic Co Pair Trading Analysis

The ability to find closely correlated positions to Wanshih Electronic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wanshih Electronic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wanshih Electronic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wanshih Electronic Co to buy it.
The correlation of Wanshih Electronic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wanshih Electronic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wanshih Electronic moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Wanshih Electronic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wanshih Electronic Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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When running Wanshih Electronic's price analysis, check to measure Wanshih Electronic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wanshih Electronic is operating at the current time. Most of Wanshih Electronic's value examination focuses on studying past and present price action to predict the probability of Wanshih Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wanshih Electronic's price. Additionally, you may evaluate how the addition of Wanshih Electronic to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Wanshih Electronic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wanshih Electronic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wanshih Electronic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.